FirstRand

Murex Specialist (Market Risk)

Johannesburg Full time

Job Description

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.


The Murex Risk Specialist will be responsible for understanding the full lifecycle of a trade from Pricing to Settlement and the impact on Market Risk, Finance, Credit, Risk and Collateral. Continuous development of Murex platform will be done by enhancing current functionality and building out for new business requirements.

The Murex Risk Specialist will perform across the Markets, Banking and Treasury business units.

Are you someone who can do the following:

Analysis and solution development

  • Analyse existing processes and facilitate improvements with stakeholders.
  • Work with traders, market risk managers and other stakeholders to gather and document requirements
  • Conduct impact analysis, understand trader's and market risk manager’s pain points and propose solutions
  • Coordinate and participate in the test effort to ensure that the delivered solution meets agreed business requirements and functional/process specifications.
  • Configure/Develop Solutions in the Murex Platform to meet business needs
  • Participate in analytical queries such as Risk, PnL and Pricing as well as technical queries linked to Workflows, Integrations and Reporting

Service Excellence

  • Compile training material and provide end-user training to stakeholders where relevant.
  • Collaborate with internal technical team/users in the resolution of critical production incidents
  • Collaborate with Murex Vendor on suitable short- and long-term solutions for incidents and new requirements
  • Suggest changes in executing work processes to better drive value and benefits for the business.
  • Document business as usual solutions on the team wiki.
  • Keep all JIRA, SNOW and Change administrative tasks up to date.

Effective stakeholder relationship management

  • Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes.
  • Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders’ requirements are delivered
  • Build relationships despite  arising conflicting views and seeks mutual gains when addressing conflicts
  • Anticipates consequences and adapts problem solving based on continuous feedback

You will be an ideal candidate if you have the following:

  • Bachelor’s degree in Computer Science, Mathematics, Engineering or related discipline is required

Control-M: 

  • In-depth understanding of Control-M functionality. 
  • Proficiency in debugging job failures. 
  • Knowledge of job dependencies and scheduling. 
  • Ability to swiftly resolve overnight failures that impact service level agreements (SLAs). 

    MX Market Risk Modules: 

  • Familiarity with the business concepts of Market Risk. 
  • A technical understanding of Market Risk runs (FRTB, VAR, Sensitivities, Stress).
  • A technical understanding of the Enterprise Market Risk Monitor (MRA).
  • A technical understanding of the Scenario Generation Engine.
  • A technical understanding of the Simulation Viewer.
  • Technical ability to troubleshoot within Murex
  • Proficiency in troubleshooting using SQL queries. 
  • Proficiency in Unix (basic query and execution). 

You will have access to:

  • Opportunities to network and collaborate
  • Challenging working
  • Opportunities to innovate

We can be a match if you are:

  • Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
  • Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
  • Love putting our clients at the forefront of what you do

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

15/01/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.